Banking assets in the Emirates exceed 5 trillion dirhams at the end of July

The total bank assets in the Emirates increased by 1% to exceed 5.024 trillion dirhams at the end of July 2025, compared to about 4.973 trillion dirhams at the end of June, according to the report of monetary and banking developments for the month of July, issued today, by the Emirates Central Bank.

The data showed that a total credit increased by 1.4% of about 2.334 trillion dirhams at the end of June, exceeding 2.366 trillion dirhams at the end of July 2025.

The growth of total credit is due to the increase in local credit of 21 billion dirhams, and foreign credit worth 10.9 billion dirhams.

The increase in local credit came as a result of the growth of the credit granted to the government sector by 5.2%, the public sector “government -related entities” by 1.5%, and the private sector by 0.5%, along with non -banking financial institutions by 2.5%.

The total bank deposits increased by 1.1% from about 3.045 trillion dirhams at the end of June to exceed 3.08 trillion dirhams at the end of July 2025, supported by an increase in the deposits of residents by 1.1% to 2.82 trillion dirhams, and the deposits of non -residents by 1% to 259.7 billion dirhams.

Within the deposits of the residents, the government sector deposits recorded a growth of 2.9%, the deposits of entities associated with the government by 5%, and the deposits of the private sector by 0.7%, while the deposits of non -banking financial institutions fell by 11.1%at the end of July compared to the end of June.

According to the report of monetary and banking developments, the monetary base increased by 0.5% from 860 billion dirhams at the end of June to 864 billion dirhams at the end of July 2025.

The increase in the monetary base came as a result of the increase in the current accounts of banks and other financial institutions and deposits for one night with the central bank by 44.5%, banknotes and Islamic deposit certificates by 12.9%, exceeding the decrease in the exporting currencies by 2.6%and the reserve account by 24.9%.

The total Monetary “N1” increased by 0.3% from 1.026 trillion dirhams at the end of June to 1.029 trillion dirhams at the end of July, due to the increase in cash deposits by 6.8 billion dirhams, outperforming the decrease in cash on banks by 3.5 billion dirhams.

The N2 monetary width increased by 0.6% from 2.531 trillion dirhams at the end of June to exceed 2.546 trillion dirhams at the end of July 2025, driven by the increase in the “N1” monetary and increased semi -cash deposits by 12.4 billion dirhams.

Likewise, the N3 monetary width increased by 0.8% of about 2.997 trillion dirhams at the end of June to exceed 3.022 trillion dirhams at the end of July, and this expansion is attributed to the growth of the “N2” monetary offer, supported by an increase of government deposits by 8.2 billion dirhams

Meanwhile, the assets of the foreign central bank amounted to 969 billion dirhams at the end of last July, compared to about 969.3 billion dirhams at the end of June.

The assets of the foreign Central were distributed, as at the end of July, at 333.8 billion dirhams in the balances and deposits of banks abroad, 583.7 billion in foreign securities, and 51.5 billion dirhams in other assets.

The public budget of the Central reached about 1.003 trillion dirhams, distributed in the liabilities and capital category by 480 billion dirhams in the current accounts and deposit accounts, 290 billion dirhams for cash permissions and Islamic deposit certificates, 63.81 billion dirhams for banknotes and exported coins, and 25.6 billion dirhams for other litigants, and capital and reserves reached 44.4 billion AED.

As for the public budget for Al -Sakazzi – the asset category, it was distributed by 178.5 billion dirhams in cash and banking balances, 170.7 billion dirhams in deposits, 610.4 billion dirhams in investments, 0.1 billion dirhams in loans and predecessors, and 44.1 billion dirhams for other assets.